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Wednesday, January 31, 2007

Russia to join OIL meal in Cambodia

Last Updated 31/01/2007, 15:07:54
Cambodia is a small Country( not a Kingdoom) and also a small piece of meal. Can a small piece of meal be shared by a group of Hyena? and who get the most, less, least or not at all? but when groups of Tigers and Lions joined in, who got more power to grabe?

Cambodia says Russia has joined a number of foreign powers eyeing Cambodia's petroleum reserves. The President of Cambodia's National Assembly, Heng Samrin, says Russian officials have expressed interest in oil exploration off Cambodia's southern coast.

The expression of interest came during a recent meeting of regional legislators. He says while Cambodia welcomes Russia's overtures, no firm agreement has been made. Two years ago, petroleum was discovered by US energy giant Chevron Corporation off Cambodia's coast. Since then, firms from France, South Korea and Japan are reportedly seeking exploration licenses.

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